Risk factor
Limited trading liquidity
Profitability factor
Undervalued vs peers
About
Total Energy Services Inc. delivers a comprehensive array of products and services to the oil and natural gas industry, primarily across Canada, the United States, and Australia. The company is structured into four main operational segments. Its Contract Drilling Services division provides drilling solutions to exploration and development companies, operating a fleet of 95 rigs as of December 31, 2021. The Rentals and Transportation Services segment supplies crucial rental equipment for drilling, completion, and production, along with oilfield transportation in Western Canada and the U.S., supported by 79 heavy trucks. Under its Compression and Process Services arm, Total Energy offers gas compression services, and designs and assembles skid-style and NOMAD-branded trailer-mounted compressors. This segment serves Canada, the U.S., the European Union, Australia, and Mexico, with a rental fleet of 53,800 horsepower. Finally, the Well Servicing segment performs well maintenance and intervention, utilizing a fleet of 83 well servicing rigs throughout Western Canada, the mid-western U.S., and Australia. Founded in 1996, Total Energy Services Inc. is headquartered in Calgary, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA,
Target Price
The average target price of TOT.TO is 32 and suggests 34% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa